America's Top States For Business

48. West Virginia

Category Score 2014 Rank 2013 Rank
Cost of Doing Business27818 (Tie)19
Workforce10244 (Tie)50
Quality of Life1083936
Infrastructure & Transportation1354037
Economy1703927
Education7228 (Tie)42
Technology & Innovation444849
Business Friendliness135050
Cost of Living46524
Access to Capital149 (Tie)39
Overall9694848

Economic Profile

Governor: Earl Ray Tomblin, Democrat

Population: 1,854,304

GDP growth: 5.1 percent

Unemployment rate (May 2014): 6 percent

Top corporate tax rate: 6.5 percent

Top individual income tax rate: 6.5 percent

Gasoline tax: 54 cents/gallon

Bond rating/outlook: Aa1/stable

Major private employer: Wal-Mart

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, West Virginia FY 2013 CAFR

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